Alex Oxlade-Chamberlain has reportedly agreed in principle to sign with
Arsenal in the summer.

The 17-year-old Southampton midfielder has been the subject of interest from a number of Premier League sides during the January transfer window, including Liverpool and Manchester United, however, reports claim the Gunners’ £10 million offer has now been accepted.

Alex Oxlade-Chamberlain is rumoured to be moving to Arsenal in the summer (PA)

It is thought that the deal will either be completed on Monday, with Oxlade-Chamberlain being loaned back to Southampton until the summer, or a pre-agreement will be made which will see the youngster moving to the Emirates at the end of the season.

Negotiations between the Saints and Arsenal had been slowed by Southampton’s keenness to keep Oxlade-Chamberlain until the end of the season.

It is thought that Arsene Wenger would have preferred to keep a close eye him.

Speaking over the weekend, Southampton boss Nigel Adkins had denied that Oxlade-Chamberlain was leaving St Mary’s.

‘I think it is beneficial for him to be playing regularly for Southampton in the Football League, giving him a chance to develop,’ he said.